Webwire: SK Telecom said to bid $3b for Hynix, Murdoch branded mafia boss

Staff writer
11 Nov 2011
00:00
News
Daily News

SK Telecom said to bid $3b for Hynix

Korea's SK Telecom has submitted the highest bid for a controlling stake in Hynix Semiconductor, a source claims, with an offer of between 3.3 trillion won and 3.5 trillion won ($2.92 billion to $3.09 billion).

Reuters

Murdoch branded mafia boss

News International chairman James Murdoch was compared to a mafia godfather during a second grilling by UK MPs probing phone hacking by the firm’s newspapers.

Daily Mail

Android, iOS app downloads to hit 25b this year

Apple and Android device owners will have downloaded apps a combined 25 billion times in 2011, up from 6 billion downloads last year, according to mobile analytics firm Flurry.

New York Times

ARM co-founder steps down

Tudor Brown, president and co-founder of chip firm ARM, is set to retire at the firm’s next AGM in May.

Wall Street Journal

Ericsson eyes royalties from converged devices

Ericsson plans to seek royalties for wireless networking technology from a wider range of product lines as more consumer devices are designed with wireless connectivity, and from new areas including web search and optical transmissions, according to CEO Hans Vestberg.

Bloomberg

Google cans Gmail app for BlackBerry

Google will stop offering a dedicated Gmail app for BlackBerry devices on November 22, in a move the web firm says is aimed at allowing the company to concentrate on the mobile web-based version.

NewsCore

AT&T, US DoJ argue over T-Mo trial witnesses

AT&T has accused the US Department of Justice of being too slow to provide a witness list in the Department's court case seeking to block the operator's $39 billion acquisition of T-Mobile USA.

Reuters

Bharti Airtel to use solar for Nigerian BTS

Bharti Airtel will convert an initial 250 diesel-powered base stations to use solar energy technology, as part of a plan to gradually deploy the technology across the company's operations spanning South Asia and Africa.

The Hindu Business Line

Related content